Business Studies

Business is a major part of everyone’s’ life and anybody who has a good understanding of how businesses work is at an immediate advantage in the future. Students will learn how to identify business opportunities, show enterprise and be able to put ideas into practice to ensure an effective business start-up whilst also understanding and appreciating the wider economic context.

They explore the challenges of growth to businesses and study real life examples and case studies to learn how daily decisions by a business affect the lives of its staff, customers and other stakeholders. Students will learn about marketing, meeting customer needs, the skills of effective financial management, the responsibilities of managing people in the workplace and business’s obligations in terms of ethics and the environment. They will further develop their analytical and comprehension skills as well as the ability to make decisions, recommendations and judgements. Business Studies prepares students to participate in an ever evolving workplace, be it working for a business or perhaps starting their own.

I think it’s important to remember all the things you have done and all you have achieved and to accept not everything goes your way all the time. A mistake is only a problem when it stops you in your tracks and prevents you from achieving what you want to do. Battle on, is my motto!"

Karren Brady

Key Stage 4

Currently we offer a GCSE in Business in Year 11 and Btec Technical Award in Enterprise in Year 10.

What will I learn?
What will I do?
Year 10

Terms 1 & 2In this component, you will have the opportunity to develop knowledge and understanding of the different types of enterprise and their ownership, looking at the characteristics of small and medium enterprises (SMEs) and entrepreneurs. You will understand the importance of having a clear focus on the customer and the importance of meeting their needs. You will explore why enterprises are successful. And how success can be monitored in an SME.
Using real businesses, you will
  • examine the characteristics of enterprises.
  • Explore how market research helps enterprises to meet customer needs and understand competitor behaviour.
  • Investigate the factors that contribute to the success of an enterprise.
Terms 3 & 4If you are going to succeed as an entrepreneur or as an innovator in business, you need to have great ideas and plan how you are going to put them into practice. Any enterprise needs to plan how it will succeed and pitch their ideas to an audience in order to secure funding. Students will individually select an idea for a micro-enterprise activity to plan and pitch. They will individually pitch their business plan for their idea to an audience and then use the feedback to review their plan and pitch.
You will have the opportunity to
  • Plan how to set up a chosen enterprise and how to fund it.
  • You will need to take responsibility for creating and then delivering a pitch for your developed idea to an audience using your knowledge of business, and demonstrating entrepreneurial characteristics, qualities and skills.
  • In the final part of the component you will use feedback to review your plan and pitch for the micro-enterprise activity
Year 11

Term 1 2.1 Business Growth
2.2 Making marketing decisions
Students are introduced to methods of growth and they investigate how and why business aims and objectives change as businesses evolve, using real businesses. Students will also analyse the impact of globalisation and the ethical and environmental questions businesses often face.
Using real examples students will investigate and explore how each element of the marketing mix is managed and used to inform business decisions.
Term 22.3 Making operational decisions
2.4 Making financial decision
Students will evaluate the importance of meeting customer’s needs, though design, supply, quality and the sales decisions a business makes.
Students will develop their quantitative skills relevant to a business concept and explore the tools necessary to support financial decision making. This includes investigating, analysing and evaluating financial accounts including ratio analysis.
Term 32.4 Making financial decision
2.5 Making human resources decisions
Students will develop an understanding of how organisations are structured. They will analyse the importance of recruitment and selection, training and motivation and how this can impact on an organisation.